MINDA CORP - Let's Observe
Aktualisiert
The last Chart of Hindustan Copper had many missing the entry before it broke out and hit upper circuit.
So here I bring Minda Corp which I think will emulate Hindustan Copper to some extent.
This is for everyone to learn as well.
Cup has been formed. Now either wait for a small pull back where one can accumulate after it turns around or be ready for it to race up and retest.
My Hunch is because of the Double Bottom, the stock is strong for an upward rally but the rejection candle may show temporary weakness providing everyone with an opportunity to enter this space.
So here I bring Minda Corp which I think will emulate Hindustan Copper to some extent.
This is for everyone to learn as well.
Cup has been formed. Now either wait for a small pull back where one can accumulate after it turns around or be ready for it to race up and retest.
My Hunch is because of the Double Bottom, the stock is strong for an upward rally but the rejection candle may show temporary weakness providing everyone with an opportunity to enter this space.
Trade ist aktiv
Showing signs of reversal from the 103 zone.Anmerkung
Getting ready for a breakoutAnmerkung
Target 1 met.No one can complain now that they missed out on stocks after breakout. I gave ample opportunity here to buy during the retracement as well.
Anmerkung
Target 2 met
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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